Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.)
Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.)
Explanation:
Analysis: Company c has the highest profitability according to the profit margin ratio. Company c earns 43.3 cents in net income for every one dollar of net sales earned.
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